Capital gain
This query is : Resolved
05 September 2014
Dear sir,
If wife has sold one agricultural land (capital gain)and from that money husband takes a flat in his name within six months. Whether she is eligible for any exemptions like 54F?
Thank You
If wife has sold one agricultural land (capital gain)and from that money husband takes a flat in his name within six months. Whether she is eligible for any exemptions like 54F?
Thank You
08 September 2014
Wife should invest in her own name only as there are conflicting judgments regarding whether new house should be in the name of the asssessee or not to claim exemption u/s 54 and 54F.
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